Homebuilding veteran Scott Stowell joins Fannie Mae board

Homebuilding veteran Scott Stowell joins Fannie Mae board

Government-sponsored enterprise Fannie Mae announced on Thursday the appointment of Scott D. Stowell, a homebuilding executive with nearly 40 years of industry experience, to its board of directors. “Mr. Stowell brings nearly... Read more »
Terry Schmidt says Guild is seeing more interest in reverse mortgages

Terry Schmidt says Guild is seeing more interest in reverse mortgages

Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been... Read more »
Fed cuts interest rates by 25 bps, but Trump’s victory sows doubts on future moves

Fed cuts interest rates by 25 bps, but Trump’s victory sows doubts on future moves

One day after Donald Trump’s victory in the U.S. presidential election, officials at the Federal Reserve announced their decision to cut the benchmark interest rate by 25 basis points to a target... Read more »
L.A. County to buy downtown skyscraper for new HQ despite a ‘hell no’ from Hahn

L.A. County to buy downtown skyscraper for new HQ despite a ‘hell no’ from Hahn

The Los Angeles County Board of Supervisors on Wednesday approved the county’s purchase of the Gas Company Tower, one of downtown L.A.’s most prominent skyscrapers, paving the way for the transfer of... Read more »
Just Listed | 13385 Whispering Lakes Lane

Just Listed | 13385 Whispering Lakes Lane

Celebrate the 𝗕𝗘𝗔𝗨𝗧𝗬 of Home ECHOnomics…ENCHANTING IN EASTPOINTE2 Beds | 2 Baths This beautifully updated home features a bright and stylish interior with an open layout, and a very special den with... Read more »
New Customers And Layoffs Help Blend Approach Profitability

New Customers And Layoffs Help Blend Approach Profitability

In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Whether it’s refining your business model,... Read more »
Urban Atelier Upsizes Headquarters in Move to Rudin’s 41 Madison Ave.

Urban Atelier Upsizes Headquarters in Move to Rudin’s 41 Madison Ave.

Rudin secured a new, long-term headquarters lease with construction company Urban Atelier Group at 41 Madison Ave. in Midtown South’s Flatiron District. The tenant signed a 15-year lease for 25,268 square feet and plans to relocate from its... Read more »
Urban Atelier Upsizes Headquarters in Move to Rudin’s 41 Madison Ave.

Construction Wraps on Second Phase of Burbank’s First Street Village

Downtown Burbank has added to its housing and retail with the completion of the second phase of First Street Village, a three-phase mixed-use apartment community located at the intersection of First Street and Magnolia... Read more »
Urban Atelier Upsizes Headquarters in Move to Rudin’s 41 Madison Ave.

Beatport Takes Over Creative Offices in DTLA’s Arts District

Kennedy Wilson Brokerage arranged a 5,600-square-foot lease at 909 S. Santa Fe Ave. in the Arts District neighborhood of Downtown Los Angeles. Online electronic music streamer Beatport will take over the creative office space... Read more »
Fathom promotes veteran finance leader Joanne Zach to CFO

Fathom promotes veteran finance leader Joanne Zach to CFO

Fathom Holdings, the parent company to Fathom Realty, announced a new promotion in its executive leadership team. On Wednesday, the firm hired former senior vice president of finance Joanne Zach as chief... Read more »